Under the Revised Penal Code, Perjury is committed when the declarant omits to declare
material information that is required of him under oath.
The bank also confirms that it is committed to disclose any such
material information or in accordance with applicable laws and regulations within the Sultanate, Bank Dhofar said in a statement.
In this regard, directors of 2 companies were penalized and penalty was imposed where the company failed to disclose
material information to shareholders regarding proposed sale of property in the statement of material facts annexed with the notice of annual general meeting.
The NYSE requires the use of a press release issued by a major wire service when disclosing
material information.
* Making it illegal for anyone in a publicly held company to lie or withhold
material information from their auditor.
The discussions may include forward-looking statements and other
material information. A live webcast of the audio portion of the conference will be available on the BNY Mellon website (www.bnymellon.com/investorrelations).
For failing to disclose
material information, Liberty would be fined a total of P346,000.
The Banks may, however, add any further
material information in the Summary Box as they deem necessary.
Summary: Muscat: The delay and failure on the part of MSM-listed companies in disclosing
material information ...
Abu Dhabi Commercial Bank (ADCB) (ADCB.AD), which is majority owned by the Abu Dhabi government, has said that it has launched a legal case in New York against Credit Suisse Group (NYSE: CS) (ZHR: CSGN) (CSGN.VX), ratings agency Standard & Poor's and others, for failing to disclose conflicts of interest and other
material information related to the Abu Dhabi lender's 2007 investment in Farmington.
As directed by Section 303 of Sarbanes-Oxley, the SEC has adopted rules that, among other things, prohibit a director or officer, directly or indirectly, from omitting to provide
material information to an accountant in connection with an audit or the preparation of reports to be filed with the SEC.
